vs
Side-by-side financial comparison of Wendy's Co (WEN) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.
WATTS WATER TECHNOLOGIES INC is the larger business by last-quarter revenue ($625.1M vs $543.0M, roughly 1.2× Wendy's Co). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs 4.9%, a 8.5% gap on every dollar of revenue. On growth, WATTS WATER TECHNOLOGIES INC posted the faster year-over-year revenue change (15.7% vs -5.5%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $31.4M). Over the past eight quarters, WATTS WATER TECHNOLOGIES INC's revenue compounded faster (4.6% CAGR vs 0.8%).
The Wendy's Company is an American fast food corporation and the holding company for Wendy's and First Kitchen. Originally founded as the Deisel-Wemmer Company, it is headquartered in Dublin, Ohio. The company's principal subsidiary, Wendy's International, is the franchisor of Wendy's restaurants.
AERCO International, Inc. is a manufacturer and supplier of commercial condensing boilers, high efficiency water heating equipment and energy recovery systems in the HVAC/plumbing industry across a variety of markets including education, lodging, government, office buildings, healthcare, industrial and multifamily housing. In 1949, AERCO introduced the industry's first semi-instantaneous, tankless steam-to-water water heater. In 1988, AERCO introduced the first condensing and fully modulating...
WEN vs WTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $543.0M | $625.1M |
| Net Profit | $26.5M | $83.7M |
| Gross Margin | 62.7% | 49.5% |
| Operating Margin | 11.8% | 18.2% |
| Net Margin | 4.9% | 13.4% |
| Revenue YoY | -5.5% | 15.7% |
| Net Profit YoY | -44.2% | 24.0% |
| EPS (diluted) | $0.14 | $2.50 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $543.0M | $625.1M | ||
| Q3 25 | $549.5M | $611.7M | ||
| Q2 25 | $560.9M | $643.7M | ||
| Q1 25 | $523.5M | $558.0M | ||
| Q4 24 | $574.3M | $540.4M | ||
| Q3 24 | $566.7M | $543.6M | ||
| Q2 24 | $570.7M | $597.3M | ||
| Q1 24 | $534.8M | $570.9M |
| Q4 25 | $26.5M | $83.7M | ||
| Q3 25 | $44.3M | $82.2M | ||
| Q2 25 | $55.1M | $100.9M | ||
| Q1 25 | $39.2M | $74.0M | ||
| Q4 24 | $47.5M | $67.5M | ||
| Q3 24 | $50.2M | $69.1M | ||
| Q2 24 | $54.6M | $82.0M | ||
| Q1 24 | $42.0M | $72.6M |
| Q4 25 | 62.7% | 49.5% | ||
| Q3 25 | 62.8% | 48.8% | ||
| Q2 25 | 65.0% | 50.6% | ||
| Q1 25 | 64.1% | 48.8% | ||
| Q4 24 | 65.9% | 46.7% | ||
| Q3 24 | 65.5% | 47.3% | ||
| Q2 24 | 65.0% | 47.7% | ||
| Q1 24 | 64.1% | 46.9% |
| Q4 25 | 11.8% | 18.2% | ||
| Q3 25 | 16.8% | 18.2% | ||
| Q2 25 | 18.6% | 21.0% | ||
| Q1 25 | 15.9% | 15.7% | ||
| Q4 24 | 16.7% | 16.5% | ||
| Q3 24 | 16.7% | 17.1% | ||
| Q2 24 | 17.4% | 18.7% | ||
| Q1 24 | 15.2% | 16.9% |
| Q4 25 | 4.9% | 13.4% | ||
| Q3 25 | 8.1% | 13.4% | ||
| Q2 25 | 9.8% | 15.7% | ||
| Q1 25 | 7.5% | 13.3% | ||
| Q4 24 | 8.3% | 12.5% | ||
| Q3 24 | 8.9% | 12.7% | ||
| Q2 24 | 9.6% | 13.7% | ||
| Q1 24 | 7.9% | 12.7% |
| Q4 25 | $0.14 | $2.50 | ||
| Q3 25 | $0.23 | $2.45 | ||
| Q2 25 | $0.29 | $3.01 | ||
| Q1 25 | $0.19 | $2.21 | ||
| Q4 24 | $0.23 | $2.02 | ||
| Q3 24 | $0.25 | $2.06 | ||
| Q2 24 | $0.27 | $2.44 | ||
| Q1 24 | $0.20 | $2.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $300.8M | $405.5M |
| Total DebtLower is stronger | $2.8B | — |
| Stockholders' EquityBook value | $117.4M | $2.0B |
| Total Assets | $5.0B | $2.9B |
| Debt / EquityLower = less leverage | 23.51× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $300.8M | $405.5M | ||
| Q3 25 | $291.4M | $457.7M | ||
| Q2 25 | $281.2M | $369.3M | ||
| Q1 25 | $335.3M | $336.8M | ||
| Q4 24 | $450.5M | $386.9M | ||
| Q3 24 | $482.2M | $303.9M | ||
| Q2 24 | $465.5M | $279.4M | ||
| Q1 24 | $498.3M | $237.1M |
| Q4 25 | $2.8B | — | ||
| Q3 25 | $2.7B | — | ||
| Q2 25 | $2.7B | — | ||
| Q1 25 | $2.7B | — | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $117.4M | $2.0B | ||
| Q3 25 | $109.2M | $2.0B | ||
| Q2 25 | $112.9M | $1.9B | ||
| Q1 25 | $130.2M | $1.8B | ||
| Q4 24 | $259.4M | $1.7B | ||
| Q3 24 | $259.9M | $1.7B | ||
| Q2 24 | $273.8M | $1.6B | ||
| Q1 24 | $293.7M | $1.6B |
| Q4 25 | $5.0B | $2.9B | ||
| Q3 25 | $5.0B | $2.7B | ||
| Q2 25 | $4.9B | $2.6B | ||
| Q1 25 | $4.9B | $2.5B | ||
| Q4 24 | $5.0B | $2.4B | ||
| Q3 24 | $5.1B | $2.4B | ||
| Q2 24 | $5.1B | $2.4B | ||
| Q1 24 | $5.2B | $2.3B |
| Q4 25 | 23.51× | — | ||
| Q3 25 | 24.95× | — | ||
| Q2 25 | 24.18× | — | ||
| Q1 25 | 21.00× | — | ||
| Q4 24 | 10.57× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $69.3M | $154.7M |
| Free Cash FlowOCF − Capex | $31.4M | $140.3M |
| FCF MarginFCF / Revenue | 5.8% | 22.4% |
| Capex IntensityCapex / Revenue | 7.0% | 2.3% |
| Cash ConversionOCF / Net Profit | 2.62× | 1.85× |
| TTM Free Cash FlowTrailing 4 quarters | $242.6M | $356.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $69.3M | $154.7M | ||
| Q3 25 | $129.3M | $122.4M | ||
| Q2 25 | $60.6M | $69.7M | ||
| Q1 25 | $85.4M | $55.2M | ||
| Q4 24 | $68.6M | $139.5M | ||
| Q3 24 | $141.2M | $90.7M | ||
| Q2 24 | $45.5M | $85.3M | ||
| Q1 24 | $100.0M | $45.6M |
| Q4 25 | $31.4M | $140.3M | ||
| Q3 25 | $104.3M | $110.9M | ||
| Q2 25 | $39.2M | $59.5M | ||
| Q1 25 | $67.7M | $45.6M | ||
| Q4 24 | $26.6M | $127.5M | ||
| Q3 24 | $123.3M | $84.3M | ||
| Q2 24 | $28.4M | $78.5M | ||
| Q1 24 | $82.6M | $35.5M |
| Q4 25 | 5.8% | 22.4% | ||
| Q3 25 | 19.0% | 18.1% | ||
| Q2 25 | 7.0% | 9.2% | ||
| Q1 25 | 12.9% | 8.2% | ||
| Q4 24 | 4.6% | 23.6% | ||
| Q3 24 | 21.8% | 15.5% | ||
| Q2 24 | 5.0% | 13.1% | ||
| Q1 24 | 15.5% | 6.2% |
| Q4 25 | 7.0% | 2.3% | ||
| Q3 25 | 4.5% | 1.9% | ||
| Q2 25 | 3.8% | 1.6% | ||
| Q1 25 | 3.4% | 1.7% | ||
| Q4 24 | 7.3% | 2.2% | ||
| Q3 24 | 3.2% | 1.2% | ||
| Q2 24 | 3.0% | 1.1% | ||
| Q1 24 | 3.2% | 1.8% |
| Q4 25 | 2.62× | 1.85× | ||
| Q3 25 | 2.92× | 1.49× | ||
| Q2 25 | 1.10× | 0.69× | ||
| Q1 25 | 2.18× | 0.75× | ||
| Q4 24 | 1.44× | 2.07× | ||
| Q3 24 | 2.81× | 1.31× | ||
| Q2 24 | 0.83× | 1.04× | ||
| Q1 24 | 2.38× | 0.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
WEN
| Franchise Royalty Revenueand Fees | $149.3M | 27% |
| Royalty | $103.6M | 19% |
| Advertising | $103.3M | 19% |
| Global Real Estate Development | $60.5M | 11% |
| Real Estate | $59.5M | 11% |
| Wendys International | $39.5M | 7% |
| Franchise | $21.5M | 4% |
WTS
Segment breakdown not available.
